CDG Capital Private Equity has completed a minority stake acquisition in the Société chérifienne des engrais (SCE Chemicals), a leading Moroccan manufacturer of chemical products and fertilizers.
This investment was part of a capital increase that boosted SCE Chemicals’ capital from 320 million Moroccan dirhams to 455 million dirhams. « We are thrilled to support the company in its growth strategy and are confident that our partnership with SCE Chemicals will strengthen the chemical products industry in the market, » stated Hassan Laaziri, CEO of CDG Capital Private Equity.
As one of the foremost players in Morocco’s private equity sector, CDG Capital Private Equity has played a pivotal role in financing and developing over 20 companies in the country since its inception in 2006.
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